May 1st, 2025
USDC News - Page 14
Circle Resumes Purchases of US Treasury Bills for USDC Reserve
By Godfrey Benjamin
June 22nd, 2023
Circle’s reserve fund opted to rotate all its holdings into tri-party repos involving systemically important banks like Goldman Sachs, BNP Paribas, Bank of America, and Royal Bank of Canada.
Big Players of Crypto Donate $1M to Crypto Investigator ZachXBT after Defamation Lawsuit
By Bhushan Akolkar
June 19th, 2023
Prominent crypto personalities and businesses have extended help to ZachXBT as he faces the defamation lawsuit from musician and tech entrepreneur Jeffrey Huang.
Stablecoin Issuer Circle to Launch USDC Natively on Arbitrum Next Week
By Bhushan Akolkar
June 2nd, 2023
The launch of USDC on Arbitrum will replace the currently circulating bridged version of USDC that comes from Ethereum.
Crypto.com Adds New Tokens to Its Wallet Service and Launches AI Assistant
By Babafemi Adebajo
May 18th, 2023
By using the ChatGPT-based AI assistant, people can get answers to their questions about Crypto.com’s suite of products and services.
Coinbase to Expand to Singapore as US SEC Denies Answerability
By Sanaa Sharma
May 17th, 2023
The firm also conducted a survey recently to asses the constructive stance of policymakers towards crypto and Web3 in Singapore.
Circle Adjusting Its USDC Reserves for Avoiding US Default Risks
By Bhushan Akolkar
May 11th, 2023
Amid the current banking crisis in the United States, stablecoin issuers like Tether and Circle have been moving their reserves to the safest instrument i.e. US Treasury.
Stablecoin Issuer Tether Unveils Strong Q1 2023 Numbers with BTC and Gold Reserves
By Bhushan Akolkar
May 11th, 2023
Tether continues to dominate the stablecoin market with a market cap of over $82 billion and is currently the third-largest cryptocurrency by market cap.
Xapo Bank to Add Support for Tether Deposits, Withdrawals by Month End
By Mayowa Adebajo
May 10th, 2023
Customers of the bank may now use the world’s largest stablecoin for payments.
North Korean Bank Official Faces Federal Indictments on Crypto Laundering Charges
By Bhushan Akolkar
April 26th, 2023
The indictments present a broader pattern of North Korean users leveraging virtual private networks (VPNs) as well as virtual digital assets to redirect revenues to North Korea.
KuCoin Loses $22,000 due to Twitter Hack, Exchange Announces Reimbursement
By Bhushan Akolkar
April 24th, 2023
KuCoin has assured all the impacted users that it would reimburse them the amount lost while also pledging additional security measures.
Deribit Launches Zero-Fee Spot Trading
By Babafemi Adebajo
April 20th, 2023
The new spot trading feature will have zero maker and taker fees, meaning there will be no margin for the exchange.
Solana Releases Web3-focused Android Smartphone Saga
By Ibukun Ogundare
April 14th, 2023
A distinctive feature Saga has is the “Solana Mobile Stack” (SMS) that links crypto functionality to the phone.
TRON Token TRX Slides 6% following Binance.US Delisting Announcement
By Tolu Ajiboye
April 12th, 2023
In its delisting announcement, Binance.US said it would remove TRON’s TRX from its trading platform on April 18th.
Bitget Unveils $100 Million Asia-Focused Web3 Fund
By Steve Muchoki
April 11th, 2023
According to the company’s spokesperson, Bitget is debt-free and has adequate cash flow due to its steady development.
Founders of Three Arrows Capital Open New Crypto Exchange OPNX
By Bhushan Akolkar
April 5th, 2023
The OPNX crypto exchange will allow trading of bankruptcy claims and adopts CoinFlex’s native crypto FLEX.